Quote:
Originally Posted by suzzer99
Great podcast on what's really going on with all this. Strassa was a big time poker pro, then moved into stonks.
Key Takeaways:
1) WSB hit the jackpot with GME shot squeeze. But with other stuff like NOK and AMC, WSB is losing because big hedge funds have been waiting forever to convert/sell.
2) Options are stupidly priced right now due to retail investors like WSB having no price sensitivity.
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I don't know for sure about stocks, but in the futures, options are strictly a function of volatility.
Let's be real here, those WSB jackasses are ****ing PSYCHOS. I'm going to guess the total volume of those jackasses is fairly low. Now, in their meme stocks, there is more volume, but on the whole, volatility is moving option prices, not WSB jackasses.